Copart Stock Drops After Q2 Earnings: Here's Why

Benzinga

Feb 20

Copart, Inc. (NASDAQ:CPRT) shares dropped in Thursday's extended trading after the company released its second-quarter earnings report, missing estimates on the top and bottom lines.

Here's a look at the details from the quarter.

CPRT stock is moving. Watch the price action here.

Q2 Details

Copart reported quarterly earnings of 36 cents per share, which missed the consensus estimate of 40 cents, according to data from Benzinga Pro.

Quarterly revenue of $1.12 billion missed the Street estimate of $1.14 billion and was down from $1.16 billion in the same period last year.

The company will hold a conference call on Thursday at 5:30 p.m. ET to discuss the results.

Expert Ideas

Copart stock carries a Buy rating with an average price target of $36.27.

Recent analyst moves include:

JPMorgan: Neutral (Lowers target to $45 on Nov. 24, 2025)Barclays: Underweight (Raises target to $33 on Nov. 21, 2025)Baird: Outperform (Lowers target to $52 on Nov. 21, 2025)

CPRT Price Action: Copart shares were down 0.26% during regular trading and down 11.16% in after-hours trading on Thursday, last trading at $33.45, according to Benzinga Pro data.

Photo: ChristianLphoto / Shutterstock

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Watch the price action here.</strong></li>\n</ul>\n<h2><strong>Q2 Details </strong></h2>\n<p>Copart reported quarterly earnings of 36 cents per share, which missed the consensus estimate of 40 cents, according to data from Benzinga Pro. </p>\n<p>Quarterly revenue of $1.12 billion missed the Street estimate of $1.14 billion and was down from $1.16 billion in the same period last year.</p>\n<p>The company will hold a conference call on Thursday at 5:30 p.m. ET to discuss the results. </p>\n<h2><strong>Expert Ideas</strong></h2>\n<p>Copart stock carries a <strong>Buy </strong>rating with an average price target of $36.27. </p>\n<p>Recent analyst moves include:</p>\n<p><strong>JPMorgan:</strong> Neutral (Lowers target to $45 on Nov. 24, 2025)<strong>Barclays</strong>: Underweight (Raises target to $33 on Nov. 21, 2025)<strong>Baird:</strong> Outperform (Lowers target to $52 on Nov. 21, 2025)</p>\n<p><strong>CPRT Price Action: </strong>Copart shares were down 0.26% during regular trading and down 11.16% in after-hours trading on Thursday, last trading at $33.45, according to Benzinga Pro data.</p>\n<p><em>Photo: ChristianLphoto / Shutterstock</em></p>\n</body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CPRT","symbol_name":"科帕特","start_time":0,"source_url":"https://www.benzinga.com/markets/earnings/26/02/50738538/copart-stock-drops-after-q2-earnings-heres-why","article_id":"2612236624","we_media_id":"1052270027","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2612236624","pubTimestamp":1771538471,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Benzinga","introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"summary":"Here&#39;s a look inside the Q2 earnings report from Copart.","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"CPRT":"科帕特"},"translate_title":"Copart股价在第二季度财报公布后下跌：原因如下","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CPRT":1.5},"content_text":"Copart, Inc. (NASDAQ:CPRT) shares dropped in Thursday's extended trading after the company released its second-quarter earnings report, missing estimates on the top and bottom lines. \nHere's a look at the details from the quarter. \n\nCPRT stock is moving. Watch the price action here.\n\nQ2 Details \nCopart reported quarterly earnings of 36 cents per share, which missed the consensus estimate of 40 cents, according to data from Benzinga Pro. \nQuarterly revenue of $1.12 billion missed the Street estimate of $1.14 billion and was down from $1.16 billion in the same period last year.\nThe company will hold a conference call on Thursday at 5:30 p.m. ET to discuss the results. \nExpert Ideas\nCopart stock carries a Buy rating with an average price target of $36.27. \nRecent analyst moves include:\nJPMorgan: Neutral (Lowers target to $45 on Nov. 24, 2025)Barclays: Underweight (Raises target to $33 on Nov. 21, 2025)Baird: Outperform (Lowers target to $52 on Nov. 21, 2025)\nCPRT Price Action: Copart shares were down 0.26% during regular trading and down 11.16% in after-hours trading on Thursday, last trading at $33.45, according to Benzinga Pro data.\nPhoto: ChristianLphoto / Shutterstock","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport,express","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}